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PEIX TA Analysis Bullish
http://www.stockta.com/cgi-bin/analysis.pl?symb=peix …
warrants Exercise Prices Under $8=$45 million Dollars
If Execised these Warrants Produce Income for Pacific Ethanol of $45Million
Existing Warrants Under $8
http://i40.tinypic.com/2iu9mqh.jpg
the Issue Date On the 804,000 warrants is 07/03/2012
the Exercise Price is $6.27
the Expiration Date is Jan 2014
Cash Raised If Exercised ~ $5,041,080.00
the Issue Date On the 1,051,200 warrants is 06/21/2013
the Exercise Price is $7.80
the Expiration Date is March 2015
Cash Raised If Exercised $8,199,360.00
the Issue Date On the 788,000 warrants is 03/28/2013
the Exercise Price is $7.80
the Expiration Date is March 2015
Cash Raised If Exercised $6,146,400.00
the Issue Date On the 1,709,000 warrants is 01/11/2013
the Exercise Price is $7.41
the Expiration Date is Jan 2018
Cash Raised If Exercised $12,663,690.00
the Issue Date On the 1,812,000 warrants is 07/03/2012
the Exercise Price is $7.12
the Expiration Date is July 2017
Cash Raised If Exercised $12,901,440.00
Pacific Ethanol Income that Will be Raised from warrants With Exercise Prices Under $8 If Execised = $45 million Dollars
Existing Warrants Under $8
the Issue Date On the 804,000 warrants is 07/03/2012
the Exercise Price is $6.27
the Expiration Date is Jan 2014
Cash Raised If Exercised ~ $5,041,080.00
the Issue Date On the 1,051,200 warrants is 06/21/2013
the Exercise Price is $7.80
the Expiration Date is March 2015
Cash Raised If Exercised $8,199,360.00
the Issue Date On the 788,000 warrants is 03/28/2013
the Exercise Price is $7.80
the Expiration Date is March 2015
Cash Raised If Exercised $6,146,400.00
the Issue Date On the 1,709,000 warrants is 01/11/2013
the Exercise Price is $7.41
the Expiration Date is Jan 2018
Cash Raised If Exercised $12,663,690.00
the Issue Date On the 1,812,000 warrants is 07/03/2012
the Exercise Price is $7.12
the Expiration Date is July 2017
Cash Raised If Exercised $12,901,440.00
PEIX Income $6s-and-$7s warrants If Execised=$42 million Dollars
http://i40.tinypic.com/2iu9mqh.jpg
New Employment Opportunities at PEIX Madera Ethanol Plant
http://www.pacificethanol.net/site/index.php/careers/ …
New Employment Opportunities at PEIX Madera Ethanol Plant
http://www.pacificethanol.net/site/index.php/careers/ …
Short Sale Circuit Breaker Triggered https://t.co/4CPsdK9G7z
Wouldn't Be Surprised to See a New Hi Monday/Tuesday On PEIX before more Over All Market Correction drops it again.
10% Correction is in the DOW around 14900 , 1000 points Lower. Generally the Market in a Correction Moves down in 3rds.
Example -
1st 3rd ~ Down 2 Days Big then Pops a bit,trickling Down.
2nd 3rd ~ Down 2 Days Big then Pops a bit,trickling Down.
Final 3rd ~ Down 1 1/2 Days with a Huge V Rebound.
How That Will Affect PEIX ?
I Don't Know.
If I Get a Good Price On my Trading Shares On Monday , I May Take It and Try to Reload On the 2nd 3rd of a sell off
What Do You Think of that Theory ?
RSI is Now 65.54 , Pacific Ethanol Is NO Longer Overbought
the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70
It's a Buy Opp,Earn.PEIX Will be Block Buster
don't be Concerned in day to day
Highest Profit Margin Since 2007
http://www.ethanolproducer.com/articles/10673/special-report-ethanol-plant-margins-strong-in-uncertain-times …
West Coast ethanol $2.215,Corn for March delivery $4.29 a bushel in Chicago,One bushel makes at least 2.75 gallons.
They are , Don't Worry.
PEIX is Making Money , they are Using USDA Sugar they Got for 3 cents per pound for 15% of Production.
PEIX Article:Madera Ethanol Plant restart speculation
http://sierra2thesea.net/agriculture/ag-update-pacific-ethanol-orange-scab-more …
sierra2thesea Article January 13,2014:
AG Update: Pacific Ethanol / Orange Scab / More
Pacific Ethanol On A Roll?
California-grown Pacific Ethanol Inc.’s stock reached the $6 level today up from just $2.50 as recently as mid-November. Pacific Ethanol Inc.’s stock is trading above its 50-day and 200-day moving averages of $3.85 and $3.98, respectively.So what’s going on? The biofuel company may finally be making a profit on low corn prices used to make ethanol. The company recently made an upbeat investor presentation in December.
CEO Neil Koehler said at that time “There has been quite a washout of probably ethanol companies, but we are definitely survivors. I would like to say we have done a very good job of protecting the art of survival and we are ready to take it to the next level.”
He noted that “ethanol (is)the lowest cost transportation fuel in the planet (and in )increasing demand globally and we are exporting that, which has not been (done) in the United States.”In addition, the company says they are moving toward cellulosic ethanol production that offers a better margin with installation of technology by a Visalia company – EdenIQ – at their several PE plants.
Now there is the indication the company may re-open the idled Madera ethanol plant this year. The 40 million gallon plant was shuttered in January 2009 after operating for less than 3 years.
Clean up activity by a large work crew seen at the Madera facility this week had fueled the speculation of a restart. Spokesman Paul Koehler was quoted here last fall that “we’re getting closer to reopening the ethanol plant. ” Asked about the activity Koehler says there is no news about the plant reopening and that the crews were simply performing maintenance activity.
sierra2thesea Madera this year Article January 13,2014
http://sierra2thesea.net/agriculture/ag-update-pacific-ethanol-orange-scab-more …
Pacific Ethanol On A Roll?
California-grown Pacific Ethanol Inc.’s stock reached the $6 level today up from just $2.50 as recently as mid-November. Pacific Ethanol Inc.’s stock is trading above its 50-day and 200-day moving averages of $3.85 and $3.98, respectively.So what’s going on? The biofuel company may finally be making a profit on low corn prices used to make ethanol. The company recently made an upbeat investor presentation in December.
CEO Neil Koehler said at that time “There has been quite a washout of probably ethanol companies, but we are definitely survivors. I would like to say we have done a very good job of protecting the art of survival and we are ready to take it to the next level.”
He noted that “ethanol (is)the lowest cost transportation fuel in the planet (and in )increasing demand globally and we are exporting that, which has not been (done) in the United States.”In addition, the company says they are moving toward cellulosic ethanol production that offers a better margin with installation of technology by a Visalia company – EdenIQ – at their several PE plants.
Now there is the indication the company may re-open the idled Madera ethanol plant this year. The 40 million gallon plant was shuttered in January 2009 after operating for less than 3 years.
Clean up activity by a large work crew seen at the Madera facility this week had fueled the speculation of a restart. Spokesman Paul Koehler was quoted here last fall that “we’re getting closer to reopening the ethanol plant. ” Asked about the activity Koehler says there is no news about the plant reopening and that the crews were simply performing maintenance activity.
4.9%:CAPITAL VENTURES SC 13G/A
4.9%:IROQUOIS CAPITAL MANAGEMENT SC 13G/A
11.3% : Institutional Ownership
9.02%: Held by Insiders
1.7M shares = 5 accredited investors 25,630,286 shares pre R/S
14.83M:Float
15.54M:Shares Outstanding
24.60%:Short of Float (as of Dec 31, 2013)
Settlement Date Short Interest
12/31/2013 2,532,087
12/13/2013 2,564,282
11/29/2013 2,556,717
11/15/2013 2,474,711
10/31/2013 2,117,972
10/15/2013 2,007,891
9/30/2013 1,892,046
9/13/2013 1,767,035
8/30/2013 1,789,560
8/15/2013 1,480,022
7/31/2013 1,197,865
7/15/2013 1,121,704
6/28/2013 1,056,435
6/14/2013 937,223
5/31/2013 844,206
5/15/2013 659,801
(Not Many Shares Available To Trade On a Daily Basis)
Bobwins Saturday, 01/18/14 03:09:56 PM
Re: kel3 post# 14123
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96078485 …
I subscribe to Schaefer's newsletter oil and gas investments. He is like Chen. He only reports what he is actually buying and selling with his own money. He only researches energy stocks.
I think he is very good.
I bought on his advice in early December, starting below $4. I have continued to buy all the way up. I bought some call options on Friday. It is my biggest position and I think the share price could be over $30 in late 2014. As the video states, there is no brokerage or analyst support for PEIX. The gains are coming from word of mouth as investors see the positive ethanol returns from bigger players who are already reporting profits from the sector.
Look at the reports for Valero. They went from losing over $100million in their ethanol division in 2012 to making 100Million + in 2013. GPRE is the biggest pure play. They reported a profitable Q3 before the corn crush spread spiked up.
PEIX has hair. They went bankrupt and have a hefty debt load. BUT a few qtrs of $25million cashflow will cure a lot of problems. They have already cut debt substantially and have a 4th plant to provide profitable growth if/when they reopen it. They are buying cheap feedstock from the USDA in the form of sugarbeet sugar and implementing process improvements to gain more coproduct income from Distiller's grain and corn oil, which can represent up to 25% of ethanol gross revs.
This company generates almost a billion dollars in gross revs. Dramatically change the gross margins and multiply by 1 billion bucks!!!!! That's leverage!
PEIX is my stock to get my mojo back! Watch it and do the DD. I think this is going to become a monster winner this year.
Important dates: March will report Q4 and annual results. Should be a profitable qtr. The previous issuance of convertible and senior debt is being reduced but there are noncash charges when these repayments are recorded. Last qtr the debt extinguishment charges were 2.5 million. I expect more charges for Q4 but smaller in size.
April PEIX should report Q1 results. Should be better than Q4 because it will show a full qtr of the process improvements for corn oil extraction and the blending of the cheaper sugar beet sugar into the production process. Both should add to the bottom line.
I'm a Seller In the $20s,The Rest can be some one Elses.
Keith Schaefer Says $30 to $35 by Year End
Keith Schaefer Video On PEIX https://t.co/tBGZNydKPN
$1.85 Pre/Split=$25 Now Dollars Post Split at Margins of 68 cents in 2011. Only One Thing Q4 2013 Margins Were as High as 82 Cents at the PEAK in Nov. Q4 2013
http://t.co/OjukVT61nP
HIGHER !!!
Anti Ethanol Guy Standing On Principal and NOT Buying Is Awesome
But I Like Making Money
Special Report Link
http://t.co/YzCdf6k85H
http://t.co/eIog5Da8Xm
PEIX Special Report:best ethanol margins since 2006
http://t.co/YzCdf6k85H
Special Report: Ethanol plant margins strong in uncertain times
By Susanne Retka Schill | January 21, 2014
Ethanol producers are enjoying generous margins in recent weeks, even as uncertainty over the fate of the renewable fuels standard (RFS) weighs upon the long-term outlook.
Late November saw the best ethanol margins since the height of the 2006 boom. That was preceded, however, by 14-months of thin margins and some of the deepest losses ever seen by the industry.
Jordan Godwin, biofuels analyst for Platts, explained that temporary shortages of ethanol caused by rail logistic issues drove prices up in late November just as the final corn crop numbers drove corn prices down. The shortage of rail cars contributing to the ethanol price increase was due to competition from shale oil movements. Ethanol prices went up 25 cents on Platt’s Argo assessment, he said, in the same period that corn prices took off 50 cents, from $6.21 per bushel in the nearby futures contract to $5.76 two weeks later.
Extrapolating those market movements into ethanol plant profit margins, however, is dependent upon economic models that simulate input costs and revenues, with multiple assumptions built in for ethanol yield, operating and fixed costs.
Model Profits
In the Platts model, based on a typical 50 MMgy Midwestern dry mill ethanol plant, 2013 started out with a margin of around 30 cents per gallon and stayed around that level until fall, Godwin explained. “The week ending Aug. 23, margins stood at 60 cents and two weeks later were over $1 per gallon,” he said. The profit margin for the model hit its peak at $1.45 per gallon for the week ending Nov. 22. Since then, both the ethanol and corn markets have stabilized, with corn trading around the $4.29 mark and the Argo assessment hovering around $2.40 and margins dropping in the Platts model to under $1.
Rick Kment, biofuels analyst for Telvent DTN, tracks ethanol profitability through the DTN model dubbed Neeley Ethanol, which includes depreciation and debt service. That model showed more modest, but still very strong profits. Neeley Ethanol was seeing a 62-cent-per-gallon profit in early January, down a bit from a high of 80 cents per gallon a couple of months earlier in November, Kment said. The model showed red ink for most of 2012 and the first two-thirds of last year, he added, with losses running between 20 and 30 cents per gallon of ethanol produced. The negative margins reflected tight corn supplies and high corn prices as well as struggling energy demand from the gasoline and ethanol markets that kept inventories high and margins low, he explained.
A third model ethanol plant, developed by now retired Iowa State University ag economist Don Hofstrand, shows the average November net return per gallon at 46 cents and a big jump in the December average to 82 cents per gallon of ethanol produced.
The differences in modeled margins is due to the basic assumptions. A model based on nearby future prices for ethanol and corn will give a different margin than a model based on regional cash prices. One based on futures prices would give a better estimation of hedging opportunities, whereas one based on regional cash prices would give an indication of a spot margin. Ethanol producers will often use a mix of both approaches as they develop their risk management strategies.
The assumptions for the Iowa economic model are given in a downloadable spreadsheet that is updated monthly. (Available at the Ag Marketing Resource Center’s website, under the renewable energy heading and labeled “ethanol profitability.”) In this model, the prices used for ethanol, corn and distillers grains are pulled from USDA reports of Iowa-based cash prices. The ethanol yield is based on 2.8 gallons per bushel of corn processed and other assumptions, such as debt service, labor and other operating costs are given.
The Iowa model showed negative returns over all costs through all of 2012 and the first two months of 2013, ranging between a negative 21 cents per gallon to break even. That 14-month negative margin period was more than twice as long as the previous longest industry downturn -- a six-month downturn starting in December 2008 and continuing through May 2009. The low point in that negative-margin period was negative 12 cents per gallon.
According to the Iowa model, the 82 cent profit margin for the Iowa State model plant last month in December is the best for years. November 2011 is the next most recent peak at 68 cents per gallon. That brief peak in margins preceded the long trough of negative returns through all of 2012. One has to go back to early 2007 in the model to find other net returns above the 60 cent-per-gallon mark. The all-time high in this model, which began in January 2006, was $2.02 in June of that year.
Dynamic Interplay
This unusual profit potential for the ethanol industry right now is the result of positive factors in all the multiple moving targets that impact ethanol margins. One is the price of ethanol itself, influenced by fluctuating production and inventory levels as well as periodic supply issues. When supplies are relatively tight, as they are now, logistic slowdowns due to weather conditions or competition with other product movement such as shale oil will boost regional spot markets.
The second big factor is the energy market. Ethanol demand is tied to gasoline demand, with increases in gasoline use boosting ethanol use for blending. Gasoline markets, of course, follow their own supply and demand dynamics as well as the global oil market.
Third, with corn comprising around 80 percent of the cost of production for ethanol producers, ethanol profitability also hinges on the grain market.
A fourth dimension in plant margins is the sale of the ethanol process coproducts, distillers grains and corn oil. The strong corn price and drought-reduced supply meant demand was strong for distillers grain, keeping prices high in both domestic and export markets. Corn supplies are plentiful this year, but distillers grains prices are not dropping as fast as corn has due to the global demand for protein. Corn oil extraction has grown rapidly in the industry, and while the total revenue from oil is small in comparison to ethanol and distillers grains sales, many were saying it was making the difference between negative and positive margins during the slim months.
Ethanol Fundamentals
Ethanol prices went from their yearly high in May, 2013, of $2.74 per gallon, Kment said, dropping a dollar through the summer to $1.77 in early September, when looking at the front month contract. Since then, the ethanol market has been choppy, trading in a 40 cent range in the past four months from more than $2 per gallon to $1.67.
“At the beginning of 2013 we were talking about an ethanol glut,” Kment explained. The tight margins slowed ethanol production and stocks were drawn down to the point where at the end of the year they reached their lowest level since 2010, when the Energy Information Administration began weekly reporting. Thus, the market is no longer weighed down by a glut and there are enough supplies on hand so there are few concerns about shortages. Supply is tight enough, however, that close attention is being paid to the weekly fluctuations in ethanol production and stocks, resulting in the choppy market. In addition, Kment said, “we’re seeing ups and downs in ethanol demand that are not characteristic of the normal trends.”
The strong margins have done their duty to draw more ethanol production online. During the extended industry downturn, several plants went off line and many ethanol producers ratcheted down production for a total pull back of about 15 percent for the year. Most of that capacity is now back online, rebuilding ethanol stocks.
Godwin cited the EIA numbers to illustrate. Average daily production in December was 928,000 barrels per day rebounding from 2012’s figure of 822,000. In 2011, December’s production figure hit 952,000 bpd on average. “There typically is a seasonal drop of 30,000 bpd in January and February,” Godwin added. Some are predicting that it will drop more this year due to the effects of cold temperatures on rail shipments. If it does dip by 50,000 bpd day, it will tighten supplies further and potentially give ethanol prices another boost. “Stocks are extremely tight compared to the last three years,” Godwin said. “In December they were around 15.5 million barrels, where when you look at 2012, it was in the low 20 million barrels. Things are a lot tighter. A lot of our traders are saying that the tightness is going to ease soon, but it hasn’t yet.”
Energy Markets
With nearly all of the nation’s gasoline supply now being blended as E10, ethanol demand is closely tied to gasoline. “In 2014, if the economy keeps rolling on there’s also the potential for some moderate gasoline demand improvement through the spring and summer,” Kment said. Typically summer vacation driving boosts gasoline demand, he added, and the rebounding construction industry is improving demand as well. “Any growth in the gasoline market will carry growth into the ethanol market.” The low gasoline prices seen before Christmas were caused by higher-than-normal gasoline stocks, and as those are drawn down, gasoline should increase which in turn impacts the spread between ethanol and gasoline.
Ethanol/Gas Spread
Traders track the relationship between the ethanol and energy markets by watching the spread. Ethanol usually trades below the price of gasoline, or at a discount.
The spread between ethanol and gasoline is also experiencing volatility, according to Kment, hitting a September high of nearly $1. In the second week of January it was 74 cents, and has been moving between 70 cent and 90 cents per gallon in the past two to three months. There have been some short-lived dives in the spread to about 25 cents, he added, generally when futures contracts switched months. Blenders appear to be comfortable in the current market, Kment added, as they aren’t bidding ethanol prices up based on the current availability of ethanol and production levels.
Corn Market
With a bumper harvest replenishing corn supplies, corn prices have stabilized. While corn traded around $6 per bushel for much of 2013, Kment explained, after harvest the corn market plummeted and has been trading between $4.25 and $4.50 per bushel. It was the big drop in the corn market coinciding with tight ethanol supplies due to competition for rail that contributed to the unusual margins in November.
The low corn prices are likely here to stay for a while, Godwin said. “I haven’t heard anyone say corn is going to take off anytime soon. I talked to some analysts who said they wouldn’t be surprised if, within the next two months or so, corn might go below $4.”
tpappa ShaleOil Can't Be Exported With Out Ethanol
That GUY Is SMART to Think Of That !!!
Ya Know Why They Have to Export RBOB ?
Because If OBAMA Allowed Oil to Be Exported , US West Intermediate Crude Price Would Move $15 to $20 a Barrel Higher Like a Magnet to The Brent Crude Price.
Higher Energy Prices for Buis. in the US / Less Competitive US Economy
OBAMA Won't Do It !
U.S. producers can only export limited amounts of crude due to federal regulations enacted just after the Arab members of the Organization of Petroleum Exporting Countries embargoed their oil exports to the U.S. in 1973.
And Oil Companies WANT to Export !
RBOB is a petroleum product which is cheaper than regular gasoline. This type of gasoline contains ethanol and is reformulated.
Pacific Ethanol has 2 Ethanol Plants by Major West Coast Deep Water Ports From Which RBOB could Be Splash Blended and Shipped to Asia and Europe.
Global Partners LP a Division of Black Stone
- Bought the Columbia Pacific Ethanol Refinery In a Major Port In Oregon Last Year to Do the Same Thing With Balken Oil.
Clatskanie ethanol plant will serve as temporary crude oil exporter December 12, 2012 8:20 pm • By Marqise Allen / The Daily News
Global Partners Signs Agreement to Acquire West Coast Crude Oil and Ethanol Facility
Transaction Extends Partnership’s Virtual Pipeline and Advantaged Logistics; $95 Million Acquisition Scheduled to Close in Q1 2013
Also Chevrons Richmond 250,000 barrels of crude oil per day Is
Very Close,They Could Consider Purchasing PEIX.
(Looks Like JC and Compounce Will be Right about a Buy Out at Some Point MUCH Higher)
LOCATION LOCATION LOCATION !
I Really Think This Is a GOLD Mine,But Oil Exports Will Be
Throttled By US. Refining Capacity.
1 x cashflow
Your Welcome Super
Pacific Ethanol Had Split Adjusted Earnings in Q3 2011, Of $1.88 per Share.Margins Were Better in Q4 2013 than they Were in Q3 2011
Can They Do Better Than Q3 2011 , Time Will Tell
REX and GPRE Hedge, So they Limit Their Upside by Not Taking Those Spot Price Dollars.
They Do that,to Limit their Down Side in a Down Market
REX's Selling $2.00 a Gallon Ethanol Futures, is a Little Less than $2.65 a gallon Spot Prices PEIX is Enjoying right Now.
PEIX has a Beautiful Thing Going Right Now.
h4QdfSbCNfI
Pacific Ethanol – Cyclical Turn? | Reminiscences of a Stockblogger
Pacific Ethanol (PEIX) | Buyside Notes
graph of average monthly corn prices and margins for ethanol producers, as explained in the article text
www.professionalagmarketing.com/images/E0176001/EthanolMarginSheet.pdf
ethanol margins are at five year highs
http://www.biofuelsdigest.com/bdigest/2013/12/12/ethanol-margins-highest-in-five-years-in-part-thanks-to-ddgs-export-demand/ …
www.progressivefuelslimited.com/Web_Data/pfldaily.pdf
sugar feedstock at an almost 90% discount
www.fsa.usda.gov/Internet/FSA_File/sugar_award_ffp_inv3.pdf
2013 Historical Ethanol Operating Margins
http://t.co/OR4nGzEdwn
ethanol profitability update week ending january 3 for Q4 2013
http://t.co/g4F3KEBuW9
You got a Problem,I Don't Even Know ya
Any Way , If this Is Your Personality
I Hope You Short Some PEIX
I am Also a Member in good standing Of AA Coming On 18 years feb 3rd
I am For making money for my family and I don't Like Global Warming.
Also New Tech has Gets Us to Better Milage With Ethanol than
the Stuff that Makes the Black Air.
Mileage Gains Using Ethanol Seen 20% Higher Than EPA Says
By Mark Drajem Sep 6, 2013
bloomberg
A tweak to an automobile’s engine software can improve by as much as 20 percent the estimated fuel efficiency when using gasoline with ethanol. Patrick Kelly, senior policy adviser at the American Petroleum Institute, said in an interview. “It’s the octane that ethanol delivers.”
US Oil Is Un Exportable,Only RBOB Can be Exported
I Think Chevron May be Buying this for It's Richmond CA.
Refinery If What This Guy Says About Not Being Able to
Export Oil,and Only RBOB being Exportable Is True.
PEIX Video/No Oil Export,RBOB 10% Ethanol ONLY Exports
Investor's Business Daily
?- by Gillian Rich ?- 20 hours ago
U.S. producers can only export limited amounts of crude due to federal regulations enacted just after the Arab members of the Organization of Petroleum Exporting Countries embargoed their oil exports to the U.S. in 1973.
Under the ban, no U.S. oil can be shipped abroad, but there are some loopholes. Oil from Alaska's Cook Inlet, oil that flows through the Trans-Alaska Pipeline and oil shipped to Canada are allowed. Refiners are allowed to ship gasoline and diesel abroad.
---
What Is Rbob Gasoline?
RBOB is a petroleum product which is cheaper than regular gasoline. This type of gasoline contains ethanol and is reformulated.
Pacific Ethanol has 2 Ethanol Plants by Major West Coast Ports
From Which RBOB could Be Splash Blended and Shipped to Asia and Europe.
Global Partners LP a Division of Black Stone
- Bought the Columbia Pacific Ethanol Refinery In a Major Port In Oregon Last Year to Do the Same Thing With Balken Oil.
Clatskanie ethanol plant will serve as temporary crude oil exporter December 12, 2012 8:20 pm • By Marqise Allen / The Daily News
Global Partners Signs Agreement to Acquire West Coast Crude Oil and Ethanol Facility
Transaction Extends Partnership’s Virtual Pipeline and Advantaged Logistics; $95 Million Acquisition Scheduled to Close in Q1 2013
Also Chevrons Richmond 250,000 barrels of crude oil per day Is
Very Close,They Could Consider Purchasing PEIX.
Keith Schaefer Video On PEIX
Keith Schaefer came out with a note on PEIX today
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96078485 …
Keith Schaefer Video On PEIX,MUST SEE!
Keith Schaefer On Pacific Ethanol
ALL Shorts Since Sept. 25th 2012 Upside Down !
http://t.co/jy14KCAuhf
put the last link next to a 2 Year Price Chart , Price
has Not Been This Hi since Sept. 2012
http://t.co/SpnAI3DoB5
The Incline Of the Chart Is Getting STEEPER,PEIX Gained $1.34 in One Week. I Feel a Short Squeeze Coming On, With a Huge Blow Off Top.
Blow Off Top from $18 to $20+ Maybe, On BREAKING the Shorts and Mo Mo.
Then Maybe It Falls Back a lil till They Knock It Out Of the PARK With Q1 - USDA SUGAR earnings Included.
Just an Educated Guess , Having Seen This Before with this Same Stock On 2011 Earnings.
Last Time Margins and earnings Were Huge,Was a 6tuple from Bottom to Top.
http://t.co/09BOLtJYTQ
So Is it Already Gone from Here Heeber ?
It's a lil less than 5tuple from the reverse split Adjusted High in 2011. (Margins Were Similar Nationally)
Your a Darn Good Judge Though,After You Pointed Out REX I Caught a $17 a share Ride
Bought at $29 and $30 On the Dip and Before Last Earnings and dropped em at $47.
I Was Shocked , it went to $50,but It Dropped like a Stone Since then.
I Think It's Gonna Do It again On Next Earnings.
Thanks for REX !